Holding in Company

3i Group PLC
21 February 2001



Letter to 3i Group plc dated 15 February 2001

COMPANIES ACT 1985 (as amended):
DISCLOSURE OF INTERESTS IN SHARES

In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'),
we write to inform you that Prudential plc and certain of its subsidiary
companies have a notifiable interest in the issued share capital of your company
as detailed in the below schedule.

Following a recent review of all M&G fund registration details, you may notice
that a number of changes have occurred to information previously disclosed  to
yourselves.  It must be stressed that it is not a change to our notifiable
interests in the voting shares of your company that has generated this
notification, but merely a change in registration details.

For the purposes of S210 of the Act, the address for those companies identified
in the attached schedule (below) is Laurence Pountney Hill London EC4R 0HH.

  

Letter from M&G Investment Management Limited for and on behalf of Prudential
plc



            Notifiable Position Report for 3I GROUP ORD GBP0.50
                             as at 14 February 2001



Percentage holdings are calculated using an issued share capital of 607,121,727
ORD GBP0.50 shares

                Registered Holder                  Holding      %
Prudential plc                                    32,783,354   5.39   Total     
                                                                      Notifiable
                                                                      Interest

                MAGIM HSBC GIS NOM(UK) SALI           82,818
                PACS GLOBAL EQUITIES (UK)              2,240
                PRUCLT HSBC GIS NOM (UK) PAC AC   29,280,554
                PRUCLT HSBC GIS NOM (UK) PHL AC      100,000
                PRUCLT HSBC GIS NOM (UK) PPL AC    1,087,303
                PRUDENTIAL HOLBORN PENSIONS LD         1,200
                PRUDENTIAL WORLD VALUE FUND           21,380
                RBSTB NOMINEES LIMITED                 7,458
                ROY NOMINEES 578079                  148,000
                ROY NOMS LTD 578052                   80,000
                ROY NOMS LTD 578141                  194,861
                ROY NOMS LTD 578192                1,777,000
                THE CRISIS INVESTMENT RACE               540

The Prudential
 Assurance
 Company
 Limited                                          30,460,373   5.01

                MAGIM HSBC GIS NOM (UK) SALI          82,818                    
                PACS GLOBAL EQUITIES (UK)              2,240
                PRUCLT HSBC GIS NOM (UK) PAC AC   29,280,554
                PRUCLT HSBC GIS NOM (UK) PPL AC    1,087,303
                RBSTB NOMINEES LIMITED                 7,458